Are there any Family Video stores left?

Are there any Family Video stores left?

In 2003, Family Video relocated its headquarters from Springfield to Glenview, Illinois. By 2013, Blockbuster closed almost all of its remaining stores. By the end of 2016, Hastings Entertainment liquidated, making Family Video the sole-surviving video rental chain in the United States.

How many Family Video stores are still open?

Family Video Today We operate over 500 Family Video stores in 20 U.S. states and Canada. Our unique property-ownership model makes us a different sort of retailer because we buy and develop most of our buildings and land.

Is Family Video out of business?

As of now, Family Video is liquidating their inventory. Everything from their movies and video games to shelves and gum-ball machines is for sale. Hoogland says that they plan to sell everything out of the stores before closing down completely.

Why are all the Family Video stores closing?

Family Video is closing all of its remaining stores after foot traffic declines and the lack of new movie releases “pushed us to the end of an era,” President Keith Hoogland said in a statement. The company said on its website that the last day for movie rental was Jan.

How much is Family Video worth?

Family Video still accounts for nearly 90% of the parent company’s $450 million in annual revenue, and Forbes estimates the chain’s real estate is worth as much as $750 million.

Where is Blockbuster now?

Today, only one remains in Bend, Oregon. It has been dubbed The Last Blockbuster. Franchisee Sandi Harding has pledged to keep it open for as long as Dish Network continues to license the name to her.

How late is Family Video open?

When is Family Video open? Most Family Videos are open 10 AM until midnight every day, though Christmas Day we are open from noon until midnight.

How long is Family Video business?

Family Video, the suburban Chicago-based video rental chain that outlasted Blockbuster, VHS tapes and the “be kind, rewind” mantra, is closing its stores and calling it quits after 42 years.

Is Redbox doomed?

Long term, the experts think Redbox is ultimately doomed: “It’s a certainty that at some point consumers will no longer be renting movies out of Redbox kiosks,” says Piper Jaffray analyst Michael Olson. “It could be five years from now or 15 years from now. But at this point, it’s about managing the decline.”